FirstAtlantic Financial Holdings, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by FirstAtlantic Financial Holdings, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 337122 | Nonupholstered Wood Household Furniture Manufacturing | 1 | $360K | $360K | 100.0% |
Geographic Distribution
SBA lending activity for FirstAtlantic Financial Holdings, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 1 | $360K | 100.0% |
Why Choose FirstAtlantic Financial Holdings, Inc.?
Based on SBA 7(a) lending track record from 2008-2008
- ✓Proven Track Record: 1 SBA loans approved, totaling $360K in financing
- ✓Industry Expertise: Specialized focus on Nonupholstered Wood Household Furniture Manufacturing
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $360K to $360K, with an average of $360K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in FL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about FirstAtlantic Financial Holdings, Inc. SBA lending
What types of businesses does FirstAtlantic Financial Holdings, Inc. typically finance?
FirstAtlantic Financial Holdings, Inc. specializes in SBA 7(a) lending to specific industries including nonupholstered wood household furniture manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are FirstAtlantic Financial Holdings, Inc.'s typical SBA loan terms?
FirstAtlantic Financial Holdings, Inc.'s SBA 7(a) loans typically feature an average interest rate of — and average term length of 120 months (approximately 10 years). Loan sizes range from $360K to $360K, with an average loan size of $360K.
Do I need a business valuation for a FirstAtlantic Financial Holdings, Inc. SBA loan?
Yes, FirstAtlantic Financial Holdings, Inc. typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does FirstAtlantic Financial Holdings, Inc. compare to other SBA lenders?
FirstAtlantic Financial Holdings, Inc. has originated 1 SBA loans totaling $360K since 2008. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does FirstAtlantic Financial Holdings, Inc. lend in?
FirstAtlantic Financial Holdings, Inc. provides SBA 7(a) financing with particularly strong presence in FL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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